small business

Stats Can numbers on Sask. business failures a hot topic in Leg

Stats Can numbers on Sask. business failures a hot topic in Leg

May 1, 2024 | 10:45am
 Once again, the two main parties in the Legislature were busy painting contrasting pictures of the economic situation for businesses looking to make a go of it in Saskatchewan. The opposition NDP spent Tuesday afternoon roasting the Sask Party government over the latest business closure figures released from Statistics Canada, with Saskatchewan seeing an overall decrease of […]
CFIB says 200,000 small businesses took new loans to meet CEBA repayment deadline

CFIB says 200,000 small businesses took new loans to meet CEBA repayment deadline

Mar 27, 2024 | 8:09am
Roughly 200,000 small businesses took on new debt to access the forgivable portion of their pandemic relief loans from the federal government, the Canadian Federation of Independent Business said Tuesday. Many businesses took private bank loans with high interest rates to pay back enough of their Canada Emergency Business Account loans to qualify for partial […]

Saskatchewan’s small business get a one month extension on assistance program

Apr 30, 2021 | 3:57pm

The province is extending the Saskatchewan Small Business Emergency Payment program to help businesses cope with the financial difficulties COVID-19 has brought on. Since it was launched over a year ago, the program has provided more than $66 million in financial support to more than 6,400 small businesses The extension is for one month with […]

NDP continues calls for improved clarity on COVID-19 pandemic during Question Period

Apr 22, 2021 | 3:26pm

The opposition NDP continues pressing on the provincial government to come clean on the current state of the COVID-19 pandemic. NDP Leader Ryan Meili says the Premier is painting a better picture than the actual situation. “The Premier keeps trying to tell us that things are fine, that he’s got this, but doctors are saying […]

Federal NDP unveils election-style promises to support small businesses in pandemic

Mar 2, 2021 | 1:34pm

Jagmeet Singh is promising that a federal NDP government would provide more support for small businesses struggling during the pandemic, including paying a bonus to companies that hire new employees or bring back those who have been laid off. Singh unveiled the promises during a campaign-style event in British Columbia on Tuesday, less than a […]

Owner of Bellezza Moda encouraged by more strict measures for large retail businesses

Dec 26, 2020 | 6:01am

The provincial government’s restrictions on capacity at retail stores came into effect Christmas Day, but they shouldn’t be too much of a problem for at least one Regina-based retailer. The restrictions include a 25% capacity limit for large retail locations over 20,000 square feet, with small stores allowing 50% capacity. Jasmine Gemmell is the owner […]

Small business corporate tax being eliminated for two years by SK gov’t

Dec 7, 2020 | 6:00pm

Another election promise has been fulfilled by the Saskatchewan government. On Monday, ]egislation to reduce the tax rate for Saskatchewan small businesses over the next three years was introduced. Under this initiative, Saskatchewan’s small business corporate income tax rate drops from two per cent to zero effective October 1, 2020. Beginning July 1, 2022, the […]

Small business emergency payment program renewed by province

Dec 3, 2020 | 11:38am

The province is renewing the Saskatchewan Small Business Emergency Payment program until the end of December. The program assists small businesses who have had to close or have had their operation significantly restricted due to the public health order currently in place. “Our small business community continues to be impacted by the global COVID-19 pandemic,” […]

$1.9 Million Investment Made to Assist Small Businesses in Saskatchewan

Nov 13, 2020 | 3:05pm

On Friday, the Federal Government  announced funding for 24 of Saskatchewan’s leading organizations to help small businesses in the province. Terry Duguid, Parliamentary Secretary to the Minister of Economic Development and Official Languages, says the investment will see $1.9 million for the province, including $225,000 to the Saskatchewan Chamber of Commerce.  He says the funding […]

Moe pledges SK Party gov’t to assist small business if re-elected

Oct 3, 2020 | 10:16am

Saying small business is a key driver of the Saskatchewan economy, Scott Moe is saying if re-elected October 26, the small business tax rate will be reduced for the next three years. Speaking in Prince Albert on Saturday morning, Moe says the Saskatchewan Party knows how hard small businesses and its employees have been hit […]